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Allegiant (ALGT)

(Real Time Quote from BATS)

$41.50 USD

41.50
52,576

-1.58 (-3.67%)

Updated Aug 28, 2024 01:14 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value F Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 10% (226 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

American Airlines (AAL) Hits 52-Week High: What's Driving It?

American Airlines (AAL) benefits from the upbeat air-travel demand.

Delta Air Lines (DAL) Hits 52-Week High: What's Driving It?

Delta Air Lines (DAL) benefits from the upbeat air-travel demand.

Maharathi Basu headshot

3 Airline Stocks That Appear to be Solid Bets for 2H23

Upbeat passenger volumes and low fuel costs are favorable for airlines. Copa (CPA), Allegiant (ALGT) and Ryanair (RYAAY) represent attractive investment options.

Delta Air Lines (DAL) Inks Deal to Boost Footprint in Israel

Delta's (DAL) partnership with Israel's main carrier makes it easier and more convenient for customers to visit this key Middle Eastern country.

Nilanjan Choudhury headshot

5 Stocks With Relative Price Strength Tailwinds at Their Back

RCL, ALGT, AFYA, CASY and MTW are five stocks with explosive relative price strength.

JetBlue Airways (JBLU) Launches Flights From New York to Paris

JetBlue (JBLU) boosts its presence in the transatlantic market with new non-stop flights between New York and Paris, offering award-winning service and affordable fares.

Landstar (LSTR) Grapples With Weakness in Freight Demand

Landstar's (LSTR) management lowers the guidance for second-quarter 2023 revenues and earnings per share.

Ryanair (RYAAY) Hits 52-Week High: What's Driving the Stock?

Ryanair (RYAAY) benefits from the continued recovery in air-travel demand.

Delta Air Lines (DAL) Stock Worth Betting on Now: Here's Why

Delta (DAL) lifts its current-year earnings projection owing to upbeat air travel demand. The airline's liquidity position is impressive too.

Allegiant Travel (ALGT) Is Attractively Priced Despite Fast-paced Momentum

Allegiant Travel (ALGT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Delta (DAL) Stock Rises on Encouraging Q2 and 2023 Guidance

Delta (DAL) expects current-year revenues to grow in the 17-20% range. Adjusted earnings for 2023 are expected to be $6 per share.

Canadian Pacific KC (CP) & CSX Shares Barely Move Post JV

The joint venture between CSX and Canadian Pacific (CP), if successful, is likely to go a long way in reducing carbon emissions.

Air Lease (AL) Rides on Fleet Growth, Rising Expenses Ail

While constant growth in the company's fleet aids Air Lease (AL), rising operating expenses might weigh on its bottom line.

Matson (MATX) Rewards Shareholders With 3.2% Dividend Hike

Matson (MATX) has a solid dividend growth track record over the past five years.

Southwest (LUV) & AMFA Ink Tentative Agreement for Mechanics

The implementation of the provisional deal inked by Southwest (LUV) and mechanics' labor union is subject to a favorable voting outcome.

Here's Why Investors Should Buy Triton (TRTN) Stock Now

Triton's (TRTN) efforts to reward shareholders and a good liquidity position look encouraging.

Sanjana Goswami headshot

3 Airline Stocks Up 10% Year to Date With More Upside Potential

Considering the buoyant scenario of air travel demand, both domestic and international, investing in airline stocks like CPA, ALGT and ALK can be a prudent move.

Here's Why Investors May Bet on Alaska Air (ALK) Stock Now

Alaska Air Group (ALK) is gaining from robust air-travel demand and expects to boost its fleet and workforce in 2023 to meet the high demand.

Here's Why Investors Should Buy Allegiant (ALGT) Stock Now

Rising air-travel demand and strong cash balance are aiding Allegiant (ALGT) stock.

Zacks.com featured highlights Abcam, Maxeon Solar and Allegiant Travel

Abcam, Maxeon Solar and Allegiant Travel have been highlighted in this Screen of The Week article.

FedEx (FDX) Q4 Earnings Surpass Estimates, Revenues Miss

FedEx's (FDX) fourth-quarter fiscal 2023 earnings and revenues decline year over year.

Swayta Shah headshot

3 Stocks With Upgraded Broker Ratings for Robust Returns

As brokers have a deeper insight into stocks, one must follow rating upgrades for solid returns. We choose Abcam (ABCM), Maxeon Solar (MAXN) and Allegiant Travel (ALGT) as these witness rating upgrades.

GOL Linhas (GOL) Hits 52-Week High: What's Driving the Stock?

GOL Linhas (GOL) stock benefits from the continued recovery in air travel demand.

Sanjana Goswami headshot

3 Transportation Stocks to Add to Your Portfolio Right Now

We believe that transportation stocks like Copa Holdings (CPA), Allegiant (ALGT) and Triton (TRTN) are worth betting on now.

Maharathi Basu headshot

Airline Stock Roundup: DAL's Dividend Resumption, ALGT's Labor Deal & More

Delta (DAL) is set to re-start paying quarterly dividends. Allegiant (ALGT) inks tentative deal with the union for its flight attendants.